The Protection of Personal Information Act’s impact will hinge on how effectively it is enforced as well as the sector in which you operate.
Many SMEs can rely on a sworn affidavit instead of going to the trouble and cost of getting a Broad-Based Black Economic Empowerment certificate.
Small business owners will be forced to fend for themselves since it is clear from the 2018 national budget speech that SME development is not a priority.
Other than the possibility of a VAT hike, South African business owners can expect 2018 to be a relatively calm year with respect to tax developments.
South African business owners can expect two important labour developments in 2018: a national minimum wage and new parental leave rights.